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first oil well is drilled
First oil well was drilled on August 28,1859 by George Bissell and Edwin L. Drake. One of the first successful oil wells that was drilled for the purpose of finding oil. -
Transcontinental railroad completed
On May 10,1869 the transcontinental railroad was completed. A golden spike was driven into the track to symbolize the completion. The transcontinental railroad connect the whole country and gave new oppurtunities for many people. -
Standard Oil Company of Ohio established
Standard Oil Company of Ohio was established in 1870 by John. D Rockefeller. Oil was a new valuable resource. It became useful during this time because a lot of new machines were being created and needed oil to operate. At this time in the U.S. John D. Rockefeller became the richest man in the world because of his company . -
Alexander Graham Bell patents the telephone
On march 7,1876 Alexander Graham bell patented the telephone. this new device allowed people to communicate much better and made business boom -
First telephone in the white house
President Rutherford B. Hayes was very interested in new technologoy. On may 10,1877 he had the White House’s first telephone installed in the mansion's telegraph room.It was not until a year later that the first telephone exchange was set up in Connecticut. -
Edison perfects incandescent light bulb
On October 21,1879 Edison perfects the incadescent light bulb. His first light bulb last 13.5 hours but he later made one that lasted 40 hours. This invention made a signifcant change in the United States and around the world. the world at night used to live in darkness but not anymore -
Railroads set up standard time zones
American and Canadian railroads begin using four continental time zones to end the confusion of dealing with thousands of local times. This move represented the power shared by the railroad companies. -
First electric trolley line, Richmond, VA
The first electric trolley line In Richmond ,Va was installed on August 1st,1860.The trolley system was designed by Frank Julian Sprague.he first paid customer on the electric trolley in Richmond, Va, was William A. Boswell. -
sherman antitrust act
On July 2,1890 congress passed the sheran antitrust act. Congress passes an act that banned the formation of trust and monopolies. Although congress passed this it was weak to be affective, rich people again have influence on the goverment by bribing -
Carnegie steel company is founed
In 1892 Andrew Carnegie founed the " Carnegie steel company". He used the bessemer procces which was a cheaper and stronger way to make steel. -
J.P. Morgan forms U.S. Steel
In 1901 J.P. Morgan formed U.S. Steel. J.P. Morgan was the most powerful banker in the late 1800s
